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14 January 2025 | 25 replies
If you set it up well, don't worry, you'll get guests when you repost.If you really want to capture the existing bookings, then go for it and plan to re-furnish it at the start of slow season.
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10 January 2025 | 20 replies
and if you're re-financing after rehab, can you do it via another DSCR?
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10 January 2025 | 8 replies
Your tenants obligation was to pay you on Jan 1, so it doesn't matter if they paid someone else they still owe you...obviously details re: notice and dates all come into play here and from a practical perspective I'd work with the tenant and not move to evict over this.
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4 January 2025 | 2 replies
Selling makes agents money and the IRS if you don''t 1031, it's almost always better to re-leverage instead.
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11 January 2025 | 31 replies
And that is a licensed MLO Lawyer or in some instances a RE broker..
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1 January 2025 | 3 replies
There are many reasons that adding a single ADU in southern CA is a less than ideal RE investment (i will post a list at the end) but the negative initial equity is a primary reason as the initial negative equity position consumes the initial cash flow and can take many years to recover.As for converting your home to a rental….
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2 January 2025 | 12 replies
In 30 years the balloon payment is due to the seller and that's when the taxes are due.Coupling a monetization loan to an installment sale accomplishes the same thing but puts cash in the sellers hands that can be re-invested.
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3 January 2025 | 2 replies
I was talking to a RE friend.He said it's a bad time to buy* rates are high* homes are expensive in most marketsLooking to hear some counterpoints.
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10 February 2025 | 16 replies
So, I wrote out a monstrous reply, and before submitting it, I re-read the quoted reply above.
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10 January 2025 | 13 replies
Hi John, When you say rehabbing land, I am assuming you mean re-zoning and selling the vision to an investor or buying land and subdividing it?